Question to the Department for Business and Trade:
To ask His Majesty's Government what estimate they have made of the UK's current trade deficit with China; and what they forecast this deficit will be in each of the next three years.
In the 12 months to September 2025, the UK ran a £43.5bn total trade deficit with China. The UK's goods and services trade balances were -£52.9bn and £9.4bn respectively. Over the same period, the UK ran an overall total trade deficit of £29.9bn with the world. [ONS UK total trade all countries Q3 2025]
Neither the UK government or the Office for Budget Responsibility (OBR), the official forecaster for the UK economy, forecasts bilateral trade balances.